AT&T, Consumer Advocates Spar Over T-Mobile Deal In DC

AT&T, Consumer Advocates Spar Over T-Mobile Deal In DC

In a Congressional hearing this morning over AT&T’s proposed acquisition of T-Mobile, AT&T CEO Randall Stephenson reiterated his earlier comments that the deal is “all about consumers.” However, advocates such as Parul P. Desai of Consumers Union argued that the merger “would result in a highly concentrated market, which will likely lead to higher prices and fewer choices for consumers.” [More]